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8 Things You May Not Realize You Own That Could Make You Rich

8 Things You May Not Realize You Own That Could Make You Rich

Collectors are an interesting breed, willing to pay top dollar to own something that few would find value in. Because of some very rich individuals seeking rare objects, you can become fairly rich yourself if you have any collectable pieces in your home you’d be willing to put up for sale. Check out this list of 8 things that might appear to be junk – that can make you rich.

1. Trading cards

mays

    Whether they be celebrating sports, games or children’s cartoons, trading cards can reap you some serious dollars. Check out the Willey Mays baseball card above that’s offered for almost $10,000 on eBay. It’s crazy how nutty some collectors will go for a piece of cardboard and you can benefit from that!

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    2. Vintage tech

    mac

      What means “outdated” to you may mean “vintage” to a collector. If you have any particularly old technology, do a quick eBay search before tossing it out. Maybe you’ll become rich quick with almost no effort required.

      3. Video games

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      atari

        If you didn’t cash out and sell your video games to a retailer for store credit after you finished them, you might find that some of the older ones have turned into major cash cows. There’s a huge after-market for Nintendo games in particular, since they stop production on their titles fairly quickly after release. Who knows, maybe you’ll end up finding one of the most valuable video games in the world among your collection and sell it for tens of thousands of dollars! Even if you don’t, you could still make a pretty penny off of some of the unplayed video games stored in your basement.

        4. Traditional games

        monopoly

          Considering the endless variations of Monopoly, there are bound to be collectors who would be willing to make you rich in exchange for unique editions they missed out on – that you might have in your possession. Check out the eBay listing above asking for almost five grand for an example of just how much people will spend on a basic board game.

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          5. Old comics

          comic

            Comic books were seen as disposable for a long time, which is why there are so few first-print editions left of original titles about iconic characters like Batman, Superman and Spider-Man. If you have comics, especially ones from the 70s and earlier, you could be in for a big pay day.

            6. Old toys

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            Screen Capture_2

              Yet another type of product from the lucrative after-market of children’s entertainment that can make you rich! People desperately want some kind of tangible representation of their childhood, or an item that demonstrates just how much they love a certain TV show or movie or book series. Those action figures in the old toy box could make you very rich with a little luck.

              7. Signed copies of things

              signed

                Signatures from famous people, especially those who are dead or otherwise indisposed, hold a lot of value. If you’ve held on to the inherited objects family has passed on to you (even though you may not recognize any value it) you may get lucky and become rich. It’s possible for example, that an old book in your possession was signed by a famous author. A hunt around your bookshelf will answer that question for you.

                8. Collectibles

                Coins & Buttons
                  Image – Dan Century/Flickr.

                  People, for whatever reason, collect a lot of different trinkets that are worth nothing to us but worth some serious cash to the right collector. Look in your home for anything that you know people like to seek out. They could be coins, buttons, patches, stamps or any number of other things that appeal to those who like to build complete collections. Just about anything at all collectible could potentially make you rich. Just rummage around your house or your apartment and you might just stumble upon something innocuous that will end up changing your life.

                  Featured photo credit: Rare video game peripherals/Generic Brand Productions via flickr.com

                  More by this author

                  Matt OKeefe

                  Matt is a marketer and writer who shares about lifestyle and productivity tips on Lifehack.

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                  Last Updated on January 21, 2020

                  How to Develop a Millionaire Mindset in 6 Simple Steps

                  How to Develop a Millionaire Mindset in 6 Simple Steps

                  We all like to dream about being financially wealthy. For most people though, it remains a dream and nothing more. Why is that?

                  It’s because most people don’t set their mind to achieving that goal. They might not be happy in their current situation but they’re comfortable – and comfort is one of the biggest enemies of growth.

                  How do you go about developing that millionaire mindset? By following these simple steps:

                  1. Focus On What You Want – And Take It!

                  So many people are too timid to admit they want something and go for it. When there is something that you want to accomplish don’t think “I could never actually do that”, think “I could do that and I WILL do that”.

                  Millionaires play to win, not to avoid defeat.

                  This doesn’t mean to have to become a selfish jerk. What it means is becoming more assertive and honest with yourself. You don’t have to grab off other people. There is a big pot of unclaimed gold in the middle of the table — why shouldn’t you be the one to claim it? You deserve it!

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                  2. Become Goal-Orientated

                  It’s almost impossible to achieve anything if you don’t set firm goals. Only lottery winners become millionaires overnight. By setting yourself attainable goals, you will get there eventually. Don’t try to get rich quickly — get rich slowly.

                  Let’s take the idea of making your first million dollars and expand on what kind of goals you might set to get there. Let’s also say you’re starting at a break-even position – you’re making enough to get by with a few luxuries, but nothing more.

                  Your goal for the first year can be having $10,000 in the bank within a year. It won’t be easy but it is doable. Next, you need to figure out the steps you need to take to achieve that goal.

                  Always look at ways to make growth before cutbacks. With that in mind, you might want to see if you can negotiate a pay rise with your boss, or if there’s another job out there that will pay better. You might be comfortable in your old job but remember, comfort stunts growth.

                  You may also have other skills outside of your workplace that you can monetize to boost your bank balance. Maybe you can design websites for people, at a fee of course, or make alterations to clothes.

                  If this is still not enough to make the money you need to save $10,000 in a year, then it’s time to look at cutbacks. Do you have a bunch of old junk that someone else might love? Sell it! Do you really need to spend $10 on your lunch everyday when you could make your own for a fraction of the cost?

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                  If you are to become a millionaire, you need to start accumulating money.

                  Here’re some tips to help you: How to Become Goal Oriented and Achieve More in Life

                  3. Don’t Spend Your Money – Invest It

                  The reason you need to accumulate money is for step three. Millionaires tend to be frugal people, and that’s because they know the true value of money is in investing. Being your own boss goes hand-in-hand with becoming a millionaire. You’ll want to quit your regular job at some point.

                  Stop working for your money and make your money work for you.

                  Rather than buying yourself a new iPad, that $500 could be used to invest in the stock market. Find the right shares (more on that later), and that money could easily double within a year.

                  There’s not just the stock market — there’s also property, and your own education.

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                  4. Never Stop Learning

                  The best thing you can invest in is yourself.

                  Once most people leave the education system, they think their learning days are over. Well theirs might be, but yours shouldn’t be. Successful people continually learn and adapt.

                  Billionaire Warren Buffet estimates that he read at least 100 books on investing before he turned twenty. Most people never read another book after they’ve left school. Who would you rather be?

                  Learn everything you can about how economics works, how the stocks markets work, how they trend.

                  Learn new skills. If you have an interest in it, learn everything you can about it. You’d be surprised at how often, seemingly useless skills, can become extremely useful in the right situation.

                  Start developing the habit of learning continuously: How to Create a Habit of Continuous Learning for a Better You

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                  5. Think Big

                  While I advise to start off with small goals, you absolutely should have a big goal in mind. If you have a business idea, then that is your ultimate goal – to start that business and make a success of it. If you want to invest your way to millions of dollars and do little work other than research, then that is your big goal.

                  There is no shame in not achieving a big goal. If you run a business and aim to make $1 million profit in a year and “only” make $200,000, then you’re still significantly ahead of most people.

                  Aim for the stars, if you fail you’ll still be over the moon.

                  6. Enjoy the Attention

                  To be successful, you have to be willing to promote yourself and enjoy the attention to a certain extent. Now the attention doesn’t need to be on yourself, it could be on your brand, but attention definitely attracts money.

                  Never be embarrassed to get your name out there. That means finding a spotlight and being brave enough to step right up underneath it.

                  If you run a business, try contacting the local papers. You’d be surprised at how amenable they often are to running a story about you and your business, and it’s all free publicity.

                  Above all, remember: You control your own destiny. Push hard enough for anything and you’ll get it.

                  More About Thinking Smart

                  Featured photo credit: Austin Distel via unsplash.com

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